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I worked at Yahoo during this time. I said at the time it was so dumb for Microsoft to be wasting so much money on Yahoo and instead they should have bought mas
by plank_time 5y ago
I worked at Yahoo during this time. I said at the time it was so dumb for Microsoft to be wasting so much money on Yahoo and instead they should have bought massive holdings in almost every Silicon Valley company for that money, including Facebook (I think they did invest a little in Facebook). Had they done that instead they would have been worth multiple trillions now.
They really avoided a huge disaster by walking away from Yahoo, so I applaud them.
- throaway3141593 5y ago> They really avoided a huge disaster by walking away from Yahoo, so I applaud them. That offer included Yahoo's stake in Alibaba, which was split off after Microsoft's bid fell through. Yahoo owned 30% of Alibaba at the time. Alibaba's current market cap is north of $600 billion.
- quickthrowman 5y ago> Had they done that instead they would have been worth multiple trillions now. They’re very close to being worth multiple trillions right now, their market cap is 5.44% shy of $2T